In an unpublished decision just out this week entited, Street v. Hothem, App Div A-5077-10T3, the Appellate Division reaffirmed that the Consumer Fraud Act can apply to the landlord/tenant relationship. The case dealt with a landlord’s violations of the Truth in Renting Act. The Truth in Renting Act provides, in part, that “No landlord shall […]
Parties in New Jersey are permitted to charge relatively high rates of interest in many transactions. In the state, there are two separate types of usury, civil and criminal. The levels of interest rates constituting civil and criminal usury, and the exceptions thereto, are governed by separate statutes. Civil usury rates in New Jersey are […]
The Ridgewood News recently ran an article on our client, Garden Homes’ project, The Dayton, in Ridgewood, New Jersey. The Dayton will bring luxury multi-family housing to the Central Business District. Tom Wells, Senior Partner and CFO, is representing Garden Homes on its application before the Ridgewood Planning Board. The article can be accessed here:http://tinyurl.com/9y3wj8d
On Friday, Gov. Christie signed into law two bills that our clients, family and friends may find important. The first is the Permit Extension Act. Andrew Kohut, Esq. had previously blogged when the bill was pending. More information can be found here: http://wjllaw.wordpress.com/2012/07/23/possible-further-extension-of-the-permit-extension-act-2/. The second is the Revised Uniform Limited Liability Company Law (RULLC). More […]
Are you looking to start-up a business and seeking loans from friends and family? Be forewarned that this simple transaction can have significant consequences. Were you aware that such a loan could be considered a security and subject to federal and state security laws? If you have friends and family members lending you money and […]
The Ridgewood News recently ran an article on our own Jim Delia and his work in Haiti with the YMCA sponsored soccer camps. Check out the article at: http://www.northjersey.com/community/168100506_YMCA_sponsors_soccer_camp_in_Haiti.html.
The August 21st New York Times reports that a $4.7M deposit was forfeited by Roberta Campbell, ex-wife of Intuit Chairman William Campbell in a co-op deal gone awry. Seems the Federal Judge was unimpressed with the reasons asserted for attempted termination after the pre-closing inspection. It appears she attempted to turn punch list items into […]
If you’ve followed some of the recent land use exploits of our office, you know that the new Time of Submission Law is being tested in the Crossroads Mahwah Site Plan filing. After years of pursuing a rezoning, Mahwah voted in favor of retail at the 100 acres that is the International Crossroads site. Some […]
The Offer of Judgment Rule is a mechanism useful to both Plaintiffs and Defendants in order to leverage settlement of cases in New Jersey. There are, however, several limitations as to the Rule’s applicability. In the case of Crudup v. Marrero, 57 N.J. 353 (1971), the New Jersey Supreme Court explained that the rules permitting […]
On May 5, 2011, a huge hole in the Municipal Land Use Law was finally closed when the Time Of Submission Law went into effect. Previously, applications submitted for development approvals were subject to municipal ordinances in effect at the time the decision was rendered. Thus, an applicant could go through the time and expense […]